Kenneth M.
Is it OK to buy into a Negative Cash Flow Property?
Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
Cory Iannacone
From 2 to 18 Units ($1M+ in Real Estate) In 12 Months Using OPM
What’s the easiest way to become a millionaire? Buy $1M in real estate and use other people’s money (“OPM”) to pay it off over the next 20 years.
Prior to November 2017, my real estate portfolio consisted of one dup...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Corey Conklin
My Opinion on Building Generational Wealth
This is something I hear real estate investors talk about all the time. Their goal is to build generational wealth for their kids, grandchildren, great grandchildren, etc. They believe by building a good real estate p...
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
Hello all,
I would really appreciate your insights here.
I live in CA and have a family with 2 kids - we're not moving anywhere. Have about 50k I would invest (access to more), with excellent credit and good income ...
Jonathan Bowen
Is anybody else tired of getting hit on by eXp Realty agents?
I always thought Keller Williams Realty recruiting tactics were cringeworthy and my opinion hasn't changed but, somehow, eXp Realty recruiting tactics are exponentially worse. A Realtor in my office was recently hit o...
Benjamin Manibog
Paying For Mentorship Programs
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Ben McMahon
Is this the end of the Traditional Real Estate Agent Era?
For years now, we have all known that a good portion of the traditional real estate agents job is unnecessary. This is a heated topic for a lot of people particularly if you are an agent. The best argument for the t...
Matthew Irish-Jones
The Cash Flow Trap
If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...